Question

Different situations in different business are being elaborated below:- (i) Raghunath Gorkha had a match stick factory in Nepal which got distructed by the recent earthquake. 20 XI – Business Studies (ii) Mr Arya. a senior manager in a telecom company shared confidential information about the company with a competitor which led to huge losses for the company. (iii) Vodafone Co was charged with evasion of tax and asked to pay fine in cross which would lead to heavy losses for the company. (iv) Type writers becoming redundant because of laptops. (a) Which characteristic of business is being referred to in all the above cases ? (b) How can you classify the different cases based on this characteristic ? [Hint : Business Risks - Causes] Q35. Dr. Kumar is an orthopedic surgeon in Jaipur Golden Hospital and Dr Mahajan, his friend is a Pediatrician who has set his own clinic. Dr Mahajan's wife, Ms. Rajni operates her Jewellery store. Compare & differentiate the nature of tasks undertaken by them. Q 36. Zainab, Shelly & Ravina are friends. They have just completed a fashion designing course. They wish to start a business together. They have r10,00,000 savings put together and are planning to take a bank loan of additional r10 lakhs. They have found a prime location in Karol Bagh where they can set their boutique. They decide that they will initially not take very big orders. Based on this information, quote the lines associated with factors affecting the decision to start a business and classify them. Q37. lmran. Manpreet. Joseph and Priyanka have been classmates in Class X. After their exams are over. they happen to meet at a common friend Ruchika's house. Just when they are sharing their experiences of examination days. Ruchika's father. Mr. Raghuraj Chaudhury intervenes and asks about their well-being. He also enquires from each one of them about their career plans. But none of them has a definite reply. Mr. Raghuraj. who himself is a businessman. suggests to them that they can opt for business as a promising and chall

Answer 1

Answer:

a) Risks are an essential part of every business activity.

b)

i)natural cause

ii)human cause

iii) economic cause

iv) economic cause

35.

Dr. Kumar is engaged in employment

Dr Mahajan is in profession

Dr Rajni is a businesswoman

36.

Selection of line of business

Choice of form od ownership

Location of business enterprise

Financing the proposition